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21 Sep
12:58

Poland's first offshore wind farm secures financing

The European Investment Bank (EIB) has agreed to loan up to €610 million ($649m) for the construction of the first offshore windfarm in Poland and one of the largest in the world. Wind power is touted to be a critical supplier of the energy required for steel industry decarbonisation as well as a major future steel demand driver. Offshore wind is an entirely new market in Poland but with huge prospects thanks to its Baltic Sea access, Kallanish notes. T…
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